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20121202
20121210
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Search Results 0 to 35 of about 36 (some duplicates have been removed)
FOX Business
Dec 5, 2012 9:20am EST
if the republicans agree to tax the rich directly. he will only accept higher tax rates. how will speaker boehner respond to that? he speaks within the hour. and how about this, top anchors at a news network visit the white house for a cozy chat with the president. tell us, mr. president, how can we sell your tax the rich policy? citigroup, 11,000 jobs gone. "varney & company" about to begin. having you shipy gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ me announcer ] break from e holiday stress fedex office. >> we'll begin with sad news. dame elizabeth mother of news corporation chairman and chief executive rupert murdoch died at age 103. news point company fox. now sad news. and he's raised tax rates and he was elected based on his tax the rich policy. he says that america is poised to take off and if it doesn't, it's the republicans fault. listen. >> you have the u.s. chamber of commerce hardly an arm of my administration or the democratic party. i think, said the ot
FOX Business
Dec 5, 2012 7:00pm EST
in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicare reform to another hike in the nation's debt ceiling. >> we're not going to play that game next year. if congress, in any way suggests they tie negotiations to debt ceiling votes, and take us to the brink of default again as part of
FOX Business
Dec 6, 2012 7:00pm EST
and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the new year. garmin stock higher to replace rr donl
FOX Business
Dec 7, 2012 1:00pm EST
melissa: take a look at that. adam: another week wasted. that is how john boehner described the fiscal cliff negotiations. it is not painful until the very end of the year. how this benefits the company. adam: the note dropped 7.7%, the lowest rate since december 2008. that is just a headline. let's get to nicole petallides. the traders are reading a bit into this report. nicole: the first thing they noted when i came in here, a lot of them are talking about the fact that the prior month had been revised lower. the prior month which seemed like they were good news, in fact, were not as good as they seemed. they take these numbers with a grain of salt. the dow, nasdaq and s&p are mixed today. the dow is up about one third of 1%. what is interesting, this will be our third wedding week in a row. they have not been dramatic moves, but last week was pretty slots. jpmorgan and bank of america are some names on the dow that are holding on pretty nicely. the tech heavy nasdaq down one half of 1%. adam: a lot of people watching that jobs number. thank you very much. dennis: accordin
FOX Business
Dec 9, 2012 8:30am EST
to an agenda or an ideology. i applaud like charlie gaerino barack obama's suess, john boehner's success, came in humble beginnings, but neither one of us are doing us a favor. neither one of them are deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> se, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dagen's point we have it in us, but we haven't shown it? >> the lawmakers in washington don't, they're a bunch of gutless weasels who don't-- >> that language there. >> furthermore it's not productive language. >> well, they're not productive, and cticizing me for calling them gutless when that's exactly what they are. >> i'm trying to draw a distinction between-- >> come on. the gutless weasels on the one hand and not doing a good enough job on the other hand, let's cheer them on anday we honor your service, no do a better job. >> yeah i got cheered when i didn't unload the dishwasher when i was a kid instead sent to t
FOX Business
Dec 5, 2012 11:00pm EST
,elcome to the show. in this move by representative boehner coming in to the newsroom a the tea party is in trouble. there is no doubt about that. you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangible of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something thats as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from hi
FOX Business
Dec 7, 2012 6:00pm EST
and what the speaker had to say about the status of the fiscal here is mr. boehner. >> this is in the progress report because there is no progress to report. when it comes to the fiscal cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri: what do you say? we wasted another week. we seem to be getting nowhere, and now folks are saying the president is trying to entice us of the fiscal cliff. >> look, i think they're actually some pretty strong incentives for the president to take the country over the fiscal cliff. if you look at what the president's stance to gain if the country goes over the fiscal cliff, there are very clear and identifiable things. on the one hand the president could identify himself as a tax cutter. he could say -- on january 1st the president in terms of the country and say, now in favor of cutting these taxes that have been raised because we did not solve this before the fiscal cliff. he can turn and say to my want to restore some of this funding that my secretary of defense and joint chiefs of staff told m
FOX Business
Dec 7, 2012 7:00pm EST
is too small. ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's "moneyline." the dow and s&p managing gains. the nasdaq weighed down by another bad day for apple and its investors. the dow up 81 points. s&p up four, the nasdaq fell leaven. just over 3 billion shares traded on the big board today. the dow up 1%, s&p slightly higher making three straight weeks of wins. the nasdaq down 1% for its first losing week of the past three. apple investors are having a rough time with the dow down. the stock down 9 percent this week. but even with that selling, the stock remains up 30% year-to-date. wall street analysts say much of the selling can be explained by investors looking to avoid possibly having to pay gains on the sale of that stock at a higher rate next year. others simply taking profits. financial stocks strong. today j.p. morgan chase led the weight. news that it is expanding the nu
FOX Business
Dec 5, 2012 11:00am EST
. earlier, speaker boehner speaking about the fiscal cliff. now it is president obama. let's listen. >> we have emerged not yet where we need to be, but we certainly have made progress. the reason we have made progress in part is because of the outstanding management and productivity and gains and efficiencies that you have been able to achieve in each and every one of your companies. i have said this to some of the small groups, let me repeat it to the large groups, i am passionately rooting for your success. if the companies in this room are doing well, then, small businesses and medium size businesses up and down the chain are doing well. if companies in this room are doing well, then, folks get jobs, consumers get confidence and we will be able to compete around the world. now, the good news is, despite the extraordinary challenges we have seen over the last four years, there is progress in some key sectors of our economy. we have seen housing finally begin to bounce back for the first time. that has an enormous ripple effect throughout the economy. many of you, over the last two or th
FOX Business
Dec 4, 2012 4:00pm EST
? >> it all depends on what happens with the fiscal cliff. right now, there's boehner yelled out by his own party, the conservative part of the wing, and also the left. he's in a really, really tight spot and an ultimate binary trade. if something good happens, we'll rocket higher. if something bad happens, expect the worst right now. that's the thing right now. it's a yes or no trade. liz: congressional know it all at fox news calls it rrpublican on republican violence. hard to get a deal in the own party, special interests, the markets, whatever happens, we want to make money. where did you see the flows today? >> -- >> just a sec. we picked through the numbers, the stock is falling, of course, i'm sure making the shorts happy. clearly, looking at the stock, again, it had been up for the past two and a half weeks, but it's gotten hammered since the six month high reached six months ago. larry, quickly, though, where were the flows today that you saw? >> not many at all. i think people are talking about putting money into financials and materials and out of energy and utilitities. not a lo
FOX Business
Dec 6, 2012 11:00pm EST
senate captain, and john boehner removing tea party party from all leadership posts first indicated it. stick a fork in him, the republican party as we know it is dead. i am neilavuto, allow me to be so blunt to say, what else can you saybout a light taken out of the party, rublicans who 1 proudly school their taxrowned over decades, seeding that and then some over weeks, only real debate among the grand old party is how much to hike taxes, not if. i did not know they lost their backbone. starting 800 billion in tax hikes to match the president, shouldn't surprise anyone whetr we doubled that to $1.6 trillion, that will become the new starts point for the president. new york times and front page story praising john boehner's grip to the party here, appears to be towing to the middle. matter, they don't matter. argue aming over size of tax hikes, argue than size of spending cuts do not matter. this republican met morris is to a light -- metta mofa sis to a lighter shade of blue. controlled by forces do you not know. and laughed at by a mainstream media you don't want to know, that is wh
FOX Business
Dec 7, 2012 11:00am EST
in the month of november. breaking news from washington. the speaker of the house john boehner. let's listen in. >> the tax hikes that the president campaigned on, that had more stimulus spending then cuts. and indefinite, infinite increase on the debt limit forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counter offer from the white house. reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code, the president wants to raise tax rates. even if the president that the tax rate hike that he wanted, understand that we will continue to see trillion dollar deficits for as far as the eye can see. washington has a spending3 problem, not a revenue problem. if the president does not agree with our proposal, i believe he has an obligation to families and small businesses to offer a plan of his own. we are ready and eager to talk to the president about such plan. >> you did speak with the president earlier t
FOX Business
Dec 3, 2012 9:20am EST
taxes as part of obamacare. >> here is what speaker boehner said on taxes. >> the day after the election, i the cameras and made clear that republicans were willing to ut revenue on the table if there were serious spenddng cuts and reforms put in place. we've talked about them. the president and the white house have had three weeks and this is the best we've got? >> so, it's all taxes and all raising taxes, no worries, there are serious proposal or even talk about reforming entitlesments, talks have gone nowhere, we're weeks from january 1st the fiscal cliff deadline. at least we're not stuck on the road to moscow. take a look at video out of russia, thousands of drivers in sub zero temperatures, little food or help for days. it's a one mile long traffic jam. heavy snow in moscow caused a stand still and links with the second biggest city, no, in november, december in russia? who would have thought? the issue of gun control took center stage during the half time show of a football game last night. and listen to what bob costas said in response it a murder-suicide over a kansas city play
FOX Business
Dec 6, 2012 4:00pm EST
inside the beltway. cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer staples. i think that consumer staples are the new investment vehicles of utility investors -- liz: an
FOX Business
Dec 2, 2012 8:30am EST
as john boehner detailed this week, he basically said this is not a serious proposal and here he is asking for more spending, neil, what i find more conflicting, when, since when is the conversation, the natural conversation become nearly-- we raise taxes or else? and it seems like the president is saying that that is the only option on the table and if nothing else happens, it's the republican's fault that we fall off the cliff and go io recession in the new year. >> and you don't believe charlie gasperino or what jay carney says, we could deal with spending cuts up front as well? >> i don't know why anybody is surprised by the opening salvo. i think this is basically it. i don't think that the president's going to budge. i mean, there's a dilutional nature of president obama. he won 50% of the vote and yet, he thinks h won 90% of the vote and that's how he's acting now and i don't care what anybody says, there is no rational reason to raise taxes right now. you don't get enough revenue to deal with the deficit and by the way, we got 2.7% economic growth, which people were jumping up clap
FOX Business
Dec 4, 2012 9:20am EST
: the republicans submit their fiscal cliff solution. now, that plan put out by speaker boehner, includes 800 billion dollars in extra tax revenues and that would come from limiting deductions and not from higher tax rates. and there would also be 1.2 trillion dollars worth of spending cuts and the white house immediately dismissed that plan, saying, the lower tax rates for the rich and quote, fix the middle class with a bill. again, we come back to this. the main sticking point is the tax rate issue. the president insists more revenue comes from higher rates, not deduction limits. -pit's a standoff and it contins less than four weeks to go until the deadline. be careful what you say in a local police want a law, new law requiring that text messages be saved for two years. how do you feel about that? ever texted something you wish would go away right now? there is of course the privacy issue as well. well, here comes the judge. he will be new at 10 on this one. got it. shares of darden restaurants, they're down today and they're the company that runs olive garden, red lobster, and they're dow
FOX Business
Dec 1, 2012 11:00pm EST
and sarah gerri: hello, everyone. speaker john boehner and nancy pelosi threatened over the president had to go over the president had her go. we have two guests. welcome to you both. last night, we covered the details of the president's opening gambit in the fiscal cliff talk. he wants a $1.6 trillion tax increase, 50 billion and stimulus spending. and the white house has the ability to raise the debt ceiling without congressional approval. a very big deal for folks there. today, the president is out there, trying to drum up support among the public. not in washington or with congress or the senate. here is what he had to say. it is not acceptable to me, and i do not think it is acceptable to you for a handful of republicans icongress will middle-class tax cuts hostage simply because they don't want tax rates on upper income folks go up. gerri: it sounds like the same old, same d. the president has been making the same comments agagain. is this any way to sell a plan? >> there really is not. the president is not being serious about this. the fact that the president is out there campaigni
FOX Business
Dec 3, 2012 5:00pm EST
rose by 4% over that news. to our top story tonight, speaker boehner and house republicans are rolling out their fiscal cliff counteroffer to the white house. includes $800 billion in new tax revenue. that is roughly half what the president was aiming for. 300 billion in discretionary spending cuts. 900 billion in mandatory spending cuts. now the white house responding just moments ago saying quote, the republican letter released today does not meet the test of balance. they don't like it. i'm joined by dan mitch chill from the cato institute for more on this. dan what do you think. these are a lot of things to occur just in the past few hours. do you feel like there is progress being made? >> there is progress but progress in the wrong direction. the number one thing to understand already even if all the tax cuts were made permanent, tax revenues projected to grow by 6.2% a year. so what they're really debating about how much should it grow even faster than that in order to enable bigger government. 100% of our fiscal problem is on the spending side. obama is being very inflexible on
FOX Business
Dec 7, 2012 11:00pm EST
with why it's happening, but republicans, by boehner now, taking key committees, and the make you now seems to be repudiating the very folks who got you to be speaker of the house. i don't think it's a good trend. >> we are not envying john boehner's current position at the time. it's a difficult potion to be in. neil: i envy his office, huge office, huge desk. i envy it. >> demanding owess. neil: that's a cheap shot. >> that's why he's losing neil. neil: exactly right. >> always going to win, and obama, to his credit, is more consistent on the issu neil: i will say this that barack obama has been more constent on that, you're right. i will say this, republicans lost the election, but i didn't realize they lost their backbone. that's neither here nor there. guys, thank you. the stan ten island resident who stepped in whe the government was not helping out. >> we basicallyaw a bunch of federal response which was out there with clipboards taking notes, but we didn't see boots on the ground actually helping people. neil: so he put boots on and got on the ground. he has now more reasons to be f
FOX Business
Dec 4, 2012 1:00pm EST
boehner saying despite republicans offer to put real revenue on the table the president has offered no concessions whatsoever. when will this willingness to compromise materialize??3 now republicans and democrats say there are no major meetings planned, no summit for democrats and republicans yet to get together and talk on this. the white house says they imagine that there is some e-mail traffic going back and forth but they refuse to tell us when and where they plan on negotiating this. back to you. ashley: i bet the language in the e-mail is pretty interesting too. >> right. ashley: rich edson, thanks so much. tracy: well more companies are accelerating their dividend payments. so we heard from campbell's soup and coach. some of the latest getting cash to shareholders ahead of fiscal cliff. oracle taking it a step further. moving up three dividend payments before the end of the year. for more on this, we're joined by gary kaltbaum, president of cat obama capital management and fox news contributor. gary, i'm glad you're here. this has to be backfire at some point where companies
FOX Business
Dec 6, 2012 11:00am EST
willing to go over the cliff. do you buy that? >> yes. they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out after the election and said they just need to step back and give way to these income tax rate increases because the president juan and they will wind up getting blamed one way or another if this thing goes wrong. >> you are talking about eligibility. maybe even taking it away a little bit. that is for upper income earners. if you just say, you know what, we will tailor it now. two people who really may arguably be said don't need it. i think that may be acceptable to democrats. dagen: would it be helpful to everybody if these discussions
FOX Business
Dec 1, 2012 8:00pm EST
system on the table. come january, speaker boehner, senator mcconnell, will they be able to wrangle their caucuses. lou: i don't think they will have to wrangle them so much. i'm not sure that they are going to be pursuing what you are intimating. >> what are your thoughts? are you prepared to make compromi over this achieved asked? >> not if it retains t amnesty power, which means giving presents to those who are illegal in the country. it is a fiction to think that e suddenly embrace amnesty and abandon our principles. ronald reagan got 35% of the latino build. in 1986, he signed the amnesty bill. you would think that his or support would skyrocket. but we were wrong. the idea that we should abandon our principles, in order to go after those votes, simply historically does not work. >> the idea that we should do the opposite is just, it is rational. lou: we are going to have to leave it here
FOX Business
Dec 2, 2012 6:00pm EST
: speaker john boehner is not too confident that things are looking good. saying that republicans are not the ones blocking a deal to avoid the disaster. if you're looking at the headlines, you would almost assume that he is lying. because it looks like republicans are the ones getting in the way of the compromise. so insisting on revenues, that it makes nothing of the point that democrats are equally insistent upon spending. start reading the fine print. $1.6 trillion in tax hikes. gretchenamilton says the median is focusing on republicans rejecting the deal and ybe not democrats offering a lousy deal it is true. it is remarkable in terms of the coverage how unbalanced it is. >> by now, the media is focusing on this and over the course of the year, it has been about a campaign that has happened across 50 states. but right now this is about a negotiation that is happening inside in the beltway. the press wants a soap opera. they are focused on the pettiness and policy and that is what we are seeing about republicans not willing to play ball on taxes ad how there are internal probl
FOX Business
Dec 5, 2012 1:00pm EST
this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on wasteful spending in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen
FOX Business
Dec 6, 2012 1:00pm EST
are happy to have. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be addressed. especially they will talk o on a phone only once per week. it has been some progress on the tax cut side in terms of tax reform that could raise a type of revenue that we are goi
FOX Business
Dec 3, 2012 11:00pm EST
governor tried to -- john boehner, i am neil cavuto, we may be on the brink but that does not mean cuomo still does not ge washington to give up some bank. 42 needed millions dollars for hurricane sandy relief. similar requests likely coming from governors in new jersey and connecttcut. who all together want this all too dumbing figure in post hurricane help, a hundred billion bucks, i don't know if they get all of it, but i think they get most, here is why americans, have big hearts, folks need help. they need a lot, many still without power, and without homes and without patience or hope, something needs to be done. judging from t back slapping help politicians, the governmt is still the one to do it but is it? think about it. if the road to virtue were paved with billion dollar bills then everyone in washington would be thpope, news flash, they are not, they are not good as getting bang for their buck. think of all those gas taxes that were to pay for those bridges, or tolls of no bridges to payor fixing those bridges, and highways. think about that social security lockbox. no box, no
Search Results 0 to 35 of about 36 (some duplicates have been removed)